Volkswagen AG (OTCMKTS:VWAPY) Sees Significant Increase in Short Interest

Volkswagen AG (OTCMKTS:VWAPY) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 230,900 shares, a growth of 96.7% from the November 15th total of 117,400 shares. Based on an average daily trading volume, of 609,000 shares, the days-to-cover ratio is presently 0.4 days.

Volkswagen Price Performance

OTCMKTS VWAPY opened at 9.18 on Friday. The stock’s fifty day moving average price is 9.22 and its 200 day moving average price is 10.39. Volkswagen has a 1 year low of 8.36 and a 1 year high of 13.92.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.